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UK government’s fiscal plans are not sustainable

Location:

UNITED KINGDOM

Despite the short-term improvement in the fiscal position, the budget does not make major changes to macroeconomic policy or reverse planned tax increases. Instead, the government…

Stagnant productivity to hold back global wages growth

Location:

INTERNATIONAL

Trends in wages growth.

Latin America's patchy MDGs record could deteriorate

Location:

LATIN AMERICA

Outlook for meeting development targets.

This year is crucial for the 'productivity puzzle'

Location:

INTERNATIONAL

Productivity prospects.

Inflation adds to political instability in East Africa

Location:

EAST AFRICA

National currencies have depreciated against the dollar, pushing central banks to act to restore price stability. Political instability has seriously dampened growth, and protests…

Egypt's living standards will come under more pressure

Location:

EGYPT

The target is highly optimistic. A recent upturn in headline growth reflects improved terms of trade and better performance in export-oriented sectors, notably tourism and…

Poverty will rise further amid recession in Argentina

Location:

ARGENTINA

Rising poverty levels in Argentina.

Algeria aims to put its finances on a sustainable path

Location:

ALGERIA

The prime minister and finance minister, Aymane Benabderrahmane, has loaded some substantive policy reforms into the 2022 budget law, including a provision for reform of the…

Jordan’s stalled economy risks rising social tensions

Location:

JORDAN

The economy faces chronic problems of low growth, joblessness and declining living standards, resulting in periodic protests. Its heavy dependence on foreign aid, especially from…

Cuba will struggle to keep inflation at bay

Location:

CUBA

So far, state-sector price controls and price caps on food and private markets have prevented runaway inflation. However, producers are withholding goods or selling on the black…